Markets
Salesforce CEO Marc Benioff says the ‘SaaSpocalypse’ is nonsense. Here's why
Salesforce CEO Marc Benioff said Wednesday it's time to put fears of a "SaaSpocalypse" to rest after the company's latest earnings report.
Markets
Markets
Okta pops 20% after topping estimates as AI threat spikes demand for identity security
Okta shares surged 20% in extended trading after the identity software provider surpassed Wall Street's fiscal second-quarter estimates.
Markets
Cocoa Prices Pressured by Abundant Supplies
December ICE NY cocoa (CCZ26) closed up +2 (+0.03%) on Wednesday, and September ICE London cocoa #7 (CAU26) closed down -4 (-0.10%).
Markets
CrowdStrike jumps 11% on record second quarter as 'Mythos moment' drives AI cyber wave
CrowdStrike popped more than 11% in extended trading after the cybersecurity company topped Wall Street's fiscal second-quarter estimates and boosted guidance as artificial intelligence threats mount.
Markets
Salesforce cRPO Could Decide Whether Revenue Growth Reaccelerates
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Easing Supply Fears Weigh on Cocoa Prices
Cocoa prices are slightly lower today. Prices have been under pressure this week on signs of abundant global cocoa supplies. Last Friday, Bloomberg reported that Nigeria’s July cocoa bean exports rose +18% y/y to 16,052…
Markets
Apple sets iPhone launch event for Sept. 9, first under new CEO John Ternus
Apple announced Wednesday that it is holding a launch event at its headquarters in Cupertino, California, on Sept. 9.
Markets
Economists want Warsh to share more on his view of the economy at Jackson Hole, says CNBC survey
Eighty percent of CNBC Fed Survey respondents say the Federal Reserve Chairman Warsh should provide more insight into his economic views.
Markets
Nvidia Earnings, Sticky Inflation and Jackson Hole Put Markets on High Alert
U.S. stocks face a critical test this week as three key events determine whether the rally can resume. Nvidia's quarterly earnings, Federal Reserve Chair Kevin Warsh's debut speech at Jackson Hole, and the release of th…
Markets
Cathie Wood bets on 'disrupter' stock with bullish analyst call
Solana, a high-speed blockchain network used for payments, trading, and crypto applications, is bringing its flagship annual conference to the UK.
Markets
Wednesday Sector Laggards: Shipping, Precious Metals
In trading on Wednesday, shipping shares were relative laggards, down on the day by about 3.1%. Helping drag down the group were shares of Dorian LPG, down about 6.1% and shares of Pangaea Logistics Solutions down about…
Markets
Equinix at Six Five Summit: ai demand lifts guidance
Equinix reported a 10% rise in first-quarter revenue to $2.44 billion and lifted its 2026 guidance, with the data center operator citing record bookings and accelerating demand from AI customers as the backbone of the r…
Markets
Cotton Bulls Pushing Bach Higher on Wednesday Morning
Cotton price action is up 14 to 31 points so far on Wednesday. Futures saw lower trade on Tuesday with contracts pulling off the lows into the close, still down 27 to 46 points in most contracts. Crude oil was down $3.9…
Markets
Daily Dividend Report: BEN,MOV,FMNB,GEF.B,QNBC
Franklin Templeton announced a quarterly cash dividend in the amount of $0.33 per share payable on October 9, 2026 to stockholders of record holding shares of common stock at the close of business on September 30, 2026.…
Markets
The ugly math on interest expenses, yields and the $40 trillion U.S. national debt
When we warned that America was closing in on $40 trillion in national debt, the point wasn’t that some magic number would suddenly cause the economy to implode. The warning was that the United States is piling enormous…
Markets
The U.S. economy is better than it looks — but it might be due for a slowdown
The U.S. economy is better than it looks — but it might be due for a slowdown Consumer spending soared in the second quarter. A repeat is unlikely. Read at source
Markets
Meta settles social media addiction case with California, other states for $16.7 billion
Meta and a coalition of state attorneys general have settled a major federal case centering on allegations that the social media giant misrepresented the extent of child mental health harms caused by apps like Facebook …
Markets
Wednesday's ETF Movers: MLPX, SGDM
In trading on Wednesday, the Global X MLP & Energy Infrastructure ETF is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of DT Midstream, up about 4.…
Markets
Photronics earnings beat by $0.10, revenue topped estimates
Photronics, Inc. (NASDAQ:PLAB - Get Free Report)'s stock price gapped up prior to trading on Wednesday following a better than expected earnings announcement. The stock had previously closed at $29.32, but opened at $37…
Markets
Stocks Slightly Higher on Mixed US Economic News
The S&P 500 Index ($SPX) (SPY) is up by +0.04% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.01%. E-mini S&P futures (ESU26) are up +0.03%, and…
Markets
States sue to block Trump-backed USPS mail-ballot rule after Supreme Court setback
The rule in question would require election officials to give USPS voter information and use federally reviewed, uniquely barcoded ballot envelopes.
Markets
The London stock market dodged a bullet with Shein | Nils Pratley
China’s fashion giant will list in Hong Kong with a shrunken price tag – and big questions over its business model
Markets
Meta dodges ‘Big Tobacco’ nightmare with $18 billion settlement in child-safety lawsuit
The social-media giant’s agreement with state officials removes a cloud that was hanging over its stock, analysts say.